OneWater Marine (ONEW) to Release Quarterly Earnings on Thursday

OneWater Marine (NASDAQ:ONEW) is scheduled to release its earnings data before the market opens on Thursday, November 14th. Analysts expect OneWater Marine to post earnings of $0.08 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

OneWater Marine Stock Performance

Shares of NASDAQ ONEW opened at $23.70 on Wednesday. The stock’s 50-day moving average is $22.69 and its 200 day moving average is $24.59. The stock has a market cap of $380.62 million, a price-to-earnings ratio of -3.81 and a beta of 2.58. OneWater Marine has a 1-year low of $20.00 and a 1-year high of $35.86. The company has a current ratio of 1.29, a quick ratio of 0.35 and a debt-to-equity ratio of 1.04.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. KeyCorp lowered their price objective on shares of OneWater Marine from $30.00 to $29.00 and set an “overweight” rating for the company in a report on Wednesday, July 31st. Benchmark reiterated a “hold” rating on shares of OneWater Marine in a research report on Wednesday, July 31st. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $31.25.

Insider Buying and Selling at OneWater Marine

In other OneWater Marine news, COO Anthony M. Aisquith bought 5,000 shares of the business’s stock in a transaction that occurred on Friday, September 6th. The shares were bought at an average cost of $21.75 per share, with a total value of $108,750.00. Following the completion of the purchase, the chief operating officer now directly owns 724,316 shares of the company’s stock, valued at $15,753,873. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. In other OneWater Marine news, COO Anthony M. Aisquith purchased 5,000 shares of the company’s stock in a transaction that occurred on Friday, September 6th. The stock was bought at an average price of $21.75 per share, with a total value of $108,750.00. Following the completion of the purchase, the chief operating officer now directly owns 724,316 shares of the company’s stock, valued at $15,753,873. The trade was a 0.00 % increase in their position. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Philip Austin Jr. Singleton acquired 6,700 shares of OneWater Marine stock in a transaction on Thursday, September 5th. The shares were bought at an average cost of $22.39 per share, for a total transaction of $150,013.00. Following the completion of the transaction, the chief executive officer now owns 620,217 shares in the company, valued at approximately $13,886,658.63. This trade represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. Insiders bought 20,034 shares of company stock valued at $441,828 in the last quarter. Company insiders own 18.70% of the company’s stock.

About OneWater Marine

OneWater Marine Inc operates as a recreational boat retailer in the United States. The company offers new and pre-owned recreational boats and yachts, as well as related marine products, such as parts and accessories. It provides boat repair and maintenance services. In addition, the company arranges boat financing and insurance; and other ancillary services, including indoor and outdoor storage, and marina services.